Saturday , 23 November 2024
Cryptocurrency

Fedwatch Tool and Polymarket Indicate Strong Odds for September Rate Cut cut 768x432 oE5zSw | BuyUcoin

Right now, the market is leaning towards the U.S. Federal Reserve lowering the benchmark interest rate at the Sept. 18, 2024, Federal Open Market Committee (FOMC) meeting. The CME Fedwatch tool currently indicates a 75% likelihood of a 25-basis-point (bps) rate cut. Over on Polymarket, bettors are even more confident, showing an 82% chance of […]

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